NZD/USD slides as gloomy US data sparked US Dollar demand
NZD/USD dropped from around weekly highs in the North American session after US data painted a gloomy economic outlook but triggered demand for the US
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NZD/USD dropped from around weekly highs in the North American session after US data painted a gloomy economic outlook but triggered demand for the US
The US Dollar dipped today as markets reassess risk appetite after strong US jobs data on Friday might indicate a more robust economy than previously thought. Will USD recover?
Yen retreats as safe haven appeal dissipates at the start of the week. The Yen to come under renewed selling pressure?
The Australian Dollar finished stronger last week but mostly on the back of a struggling US Dollar with solid domestic data mostly ignored amid growing anxiety of where the US is headed.
AUD/USD is moving higher and might climb further higher above 0.6740. NZD/USD is also rising and might rally above the 0.6310 resistance zone.